Ethereum Ecosystem

It is a hybrid of DeFi and NFT, where trading the token directly increases the liquidity and floor price of the associated NFTs, creating a closed loop: more trades → more commissions → NFT purchases → resale at a markup → token buyback and burn.How does the flywheel work?<ul><li>Trading fees: Each token transaction is subject to a 10% fee (usually 8% on NFTs, 1% on collection royalties, 1% on the “parent” token such as $PNKSTR).</li><li>Floor-NFT purchase: Funds are used to purchase NFTs at the minimum price (floor) from the associated collection.</li><li>Relist with a markup: NFTs are relisted at a 20% markup (1.2x), generating profit on sale.</li><li>Buyback and burn: Proceeds are used to buy back and burn the token, reducing supply and increasing the price.</li></ul>

Punk Auction Strategy Token

Punk Auction Strategy Token (PAST) is a flywheel strategy token for NFT collections CryptoPunks. 

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Punk Auction Strategy TokenPAST

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